Meredith Corp., the owner of broadcast TV stations across the U.S. that’s also focused on women’s brands, will report its fiscal 2018 Q1 results on Thursday, Oct. 26, before the Opening Bell on Wall Street.
A conference call will be held at 8:30am Eastern to discuss the results.
Meredith ended its fiscal 2017 with record fiscal results, swinging from a steep net loss to net income of 95 cents per diluted share in its final quarter of fiscal 2017.
For fiscal Q1 2018, Meredith expects EPS to range from $0.60 to $0.65.
But, Meredith warns that it will be cycling against $16 million (or $0.22 per share) in political advertising revenues recorded in the prior-year period.